Nissin Foods Holdings agreed on 13 March to buy a further 21% of Nissin-Universal Robina Corporation from Universal Robina, giving it majority control of the Philippine instant-noodle maker.
Why Nissin Foods Holdings Co., Ltd. is buying Nissin-Universal Robina Corporation (21% stake)
Nissin said South-East Asia offered growing instant-noodle consumption and that the Philippines, with total demand of 4.49bn servings in 2024 according to the World Instant Noodles Association, was the world's seventh-largest market. Control would let it strengthen the business and deploy resources more flexibly.
Deal terms and financing
Nissin Foods Asia will buy 39.69m NURC shares from Universal Robina, taking the Nissin group from 92.61m to 132.3m shares. No price was disclosed. Nissin expects to book a gain on the step acquisition in the year to March 2027, the amount of which was still being assessed.
Regulatory approvals and timing
The share transfer is scheduled for 7 January 2027 (Nissin extraordinary report, 13 March 2026); no completion had been announced as of October 2026.
Market context
Universal Robina will retain 30% of the venture. NURC was previously owned 51% by Universal Robina and 49% by the Nissin group.
